Home
Dubai prices
About
Research
4-bed · 3,375 sqftDeema 1, The Lakes · completed 2003

V032, Deema 1

Sold prices and rental history: sold twice, last in August 2015, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V032 · DLD and Ejari recordsUpdated 15 July 2018
Last soldAED 1.35M31 August 2015
Current rentAED 285K /yr15 July 2018
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow V032

Property timeline for V032, Deema 1

What is V032 worth today?

Last sold for AED 1,350,000 in 2015

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

15 Jul 2018RentedRenewal
AED 285,000/yr12 months · AED 84 per sqft
15 Jul 2017RentedNew contract
AED 285,000/yr12 months · AED 84 per sqft
1 Jul 2016RentedNew contract
AED 295,000/yr12 months · AED 87 per sqft
10 Oct 2015RentedRenewal
AED 290,000/yr12 months · AED 86 per sqft
31 Aug 2015SoldReady
AED 1,350,000AED 400 per sqft
10 Oct 2014RentedRenewal
AED 290,000/yr12 months · AED 86 per sqft
10 Oct 2013RentedRenewal
AED 290,000/yr12 months · AED 86 per sqft
10 Oct 2012RentedNew contract
AED 290,000/yr12 months · AED 86 per sqft

Source: Dubai Land Department. Updated 15 July 2018.

Key facts

Type
4-bed villa
Size
3,375 sqft
Developer
Emaar
Completed
2003
Service charge
AED 12,100 /yr
Last sold
AED 1.35M · August 2015
Community
Deema 1

About V032, Deema 1

V032 is a four-bedroom villa of 3,375 sqft in Deema 1, a villa community in The Lakes completed in 2003 by Emaar. It last sold on 31 August 2015 for AED 1,350,000, or AED 400 per sqft, 35% below the AED 620 four-beds in the community were fetching at the time.

It has been rented continuously since 2012 on 7 Ejari contracts. The current contract, renewed on 15 July 2018, is AED 285,000 a year: a gross yield of 21.1% on the 2015 price, before the service charge of about AED 12,100 a year.

Sales and rents for V032 over time

Sales
Villa V032, each saleTypical four-bed in Deema 1
5M2008201320182023Typical sale price by year: 2008 AED 3,731,388; 2009 AED 3,675,866; 2010 AED 3,897,744; 2011 AED 2,689,328; 2012 AED 3,950,000; 2013 AED 5,250,000; 2015 AED 5,050,000; 2018 AED 4,900,000; 2020 AED 3,758,500; 2021 AED 4,600,000; 2022 AED 5,325,000; 2023 AED 7,000,000; 2024 AED 8,150,000Sold by developer, May 2009: AED 4,027,331 (AED 1,193 per sqft)Sold, August 2015: AED 1,350,000 (AED 400 per sqft)

V032 has sold twice; the dashed line is the four-bed median of each year in the community.

Rents
Villa V032, each contractTypical four-bed in Deema 1
200K300K2012201620202024Typical rent by year: 2012 AED 256,667; 2013 AED 260,000; 2014 AED 279,612; 2015 AED 280,000; 2016 AED 289,197; 2017 AED 270,000; 2018 AED 252,500; 2019 AED 230,000; 2020 AED 202,500; 2021 AED 230,000; 2022 AED 270,000; 2023 AED 301,702; 2024 AED 311,250; 2025 AED 313,500; 2026 AED 326,000New contract, October 2012: AED 290,000 a yearRenewal, October 2013: AED 290,000 a yearRenewal, October 2014: AED 290,000 a yearRenewal, October 2015: AED 290,000 a yearNew contract, July 2016: AED 295,000 a yearNew contract, July 2017: AED 285,000 a yearRenewal, July 2018: AED 285,000 a year

Annual rent on each registered contract; the dashed line is the four-bed median of each year in the community.

4-beds in Deema 1, and where V032 sits

All 34 4-beds →

V032 last sold in August 2015 at AED 400 per sqft, 35% below what four-beds in Deema 1 were fetching at the time (AED 620). V032's AED 285,000 is in the upper half of that range.

Recent 4-bed salesVilla no.Price (AED)Summary
10 Apr 202513,750,000
22 Oct 20248,600,000
18 Sep 20247,800,000
3 Jun 20249,850,000
0 4-bed sales in the last 12 months

Deema 1

Community

66 villas, 3-bed to 4-bed in The Lakes, completed in 2003 by Emaar. 1 sold in the last 12 months.

Typical price per sqft
AED 3,398
Typical sale
AED 10.75M
Typical rent
AED 375K /yr
Typical yield
2.9%
Deema 1, The Lakes: prices, sales and rents →

V032, Deema 1 in numbers

  • Sold twice: first on 21 May 2009 for AED 4,027,331, last on 31 August 2015 for AED 1,350,000 (AED 400 per sqft).
  • Rented since October 2012 on 7 Ejari contracts, from AED 290,000 to AED 285,000 a year.
  • At AED 285,000 a year the gross yield on the 2015 price is 21.1%, before a service charge of about AED 12,100 a year (AED 3.58 per sqft).

Source: Dubai Land Department. Updated 15 July 2018.

Questions about V032, Deema 1

What did villa V032 last sell for?

AED 1,350,000 on 31 August 2015: AED 400 per sqft for 3,375 sqft. The villa has 2 registered sales; the first was AED 4,027,331 in May 2009.

What is the rent for villa V032?

AED 285,000 a year on the contract renewed on 15 July 2018. The previous contract, from July 2017, was AED 285,000; the villa has been rented since October 2012.

How big is villa V032?

3,375 sqft (313.5 sqm): a four-bedroom villa in Deema 1, completed in 2003.

What is villa V032 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

Selling V032? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on V032, Deema 1

Starts from the last sale price (AED 1.35M, 31 August 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,350,000
Deposit, UAE resident (20%)
AED 270,000
Deposit, non-resident (40%)
AED 540,000
Monthly over 25 years at 3.7%
AED 5,523

Plus AED 61,710 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →